Nettlinx Limited Reports Revenue Decline and Net Loss in Q1
Nettlinx Limited, an ISP and telecom services company, reported a 44% decrease in consolidated revenue to ₹264.46 lakhs for Q1. The company swung to a consolidated net loss of ₹48.24 lakhs, compared to a profit of ₹133.67 lakhs in the same quarter last year. Standalone results showed an even steeper decline, with revenue falling 56.20% to ₹100.80 lakhs and a net loss of ₹15.29 lakhs. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 7, and published in newspapers on August 9.
07Aug 25
Nettlinx Limited Reports Q1 Loss, Announces Board Changes and AGM Date
Nettlinx Limited reported a standalone loss of Rs 48.24 lakhs for Q1, with income from operations decreasing to Rs 284.46 lakhs. The company announced several board changes, including director resignations and re-appointments. Other updates include the appointment of new Secretarial Auditors, relocation of the registered office, and scheduling of the Annual General Meeting. Nettlinx also completed the sale of its entire investment in Sri Venkateswara Green Power Projects Limited, a material subsidiary.
06Aug 25
Nettlinx Limited Divests Entire Stake in Sri Venkateswara Green Power Projects
Nettlinx Limited has finalized the sale of its entire investment in its material subsidiary, Sri Venkateswara Green Power Projects Limited. The divestment process, which began in May with shareholder approval obtained through a postal ballot, concluded on August 6. As a result, Sri Venkateswara Green Power Projects is no longer a subsidiary of Nettlinx. The company ensured compliance with SEBI regulations throughout the process.
24Jul 25
Nettlinx Limited Strengthens Leadership with New Directors and Company Secretary
Nettlinx Limited has announced significant changes to its leadership team. The company has appointed two new Additional Directors (Independent, Non-Executive) for a five-year term starting July 24, 2025: Ms. Vaishnavi Nalabala, a management professional with over seven years of experience, and Mr. Sundeep Reddy Molakala, a seasoned professional with more than 20 years of leadership experience. Additionally, Mr. N. Mahender Reddy has been named as the new Company Secretary and Compliance Officer, effective August 1, 2025. The company has confirmed that the new appointees have no shares in Nettlinx Limited and are not debarred from holding office by any regulatory authorities.